is it difficult to put forward these projections now given the uncertainty over the fiscal cliff? how sort of classic are these? >> are you talking about the ftc projections? clearly the fiscal cliff is having effects on the economy, even though we have not reached a point of the fiscal cliff potentially kicking in. it's already affecting businesses hiring decisions by creating uncertainty or creating pessimism. we saw what happened recently to -- which fell because of concerns about the fiscal cliff. so clearly this is a major risk factor and a major source of uncertainty about the economy going forward. i would suspect, and although the participants don't all make this explicit but i would suspect what they are semiin their projections is the fiscal cliff gets resolved in some intermediate way whereby there is still some fiscal drag but not as much as by the entire fiscal cliff. so i think that is probably the underlying assumption that most people took when they made their projections but you're absolutely right that there is a lot of uncertainty right now and if the fiscal cli